Freetrade vs MEXEM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Freetrade

MEXEM

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

STP

Years of Existence / Established Year

2016

2018

Customer Base / Number of Accounts

1.5 M

Info not available

Regulation & Security

Regulations (governing bodies)

FCA

Cysec AFM FSMA

Awards Won (count for the last 2 years)

Best Online trading platform 2024

No major awards listed

Security Measures

Yes

ICCL

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

6200+ U.S Treasury Bills, Investment trust

150 + trading assets Warrant

Currency Pairs

Yes

Commodities

Yes

Indices

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Yes

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Freetrade web and mobile trading platform

Client Portal Desktop TWS Mobile TWS MEXEM Lite Watch TWS MEXEM APIs

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

General investment account, Stocks and shares ISA, Personal pension account

Individual Accounts Instituitional Accounts

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

Leverage Available

100:1

Trade Limit (maximum per trade)

depends on asset class

Varies for each product

Commission (per account type)

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Experienced only

Deposit & Withdrawal Options

Deposit Methods

Bank transfer, debit card, Apple pay, google pay

Bank Transfer

Withdrawal Methods

Linked bank account

Bank Transfer

Other E-Wallets Supported

Apple pay , google pay

Tools & Educational Resources

Economic Calendar

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learn (Trading Education), Freetrade Blog (Market Insights), Webinars, Investing Guides, Video Tutorials, Community Forum

Practical tutorials on using TWS trader workstatioin Video tutorials

Fees & Commissions

Trading-Related Fees

FX fee of 0.59%

FX - 0.005% Warrents - 0.2% for EUR & HKD. 0.12% for AUD Metals - 0.03% in USD Bonds - 0.15% Mutual Funds - 0.1% (Max Euro 4 and Min Eur 29) Futures & Options - vary for each currency contract Stocks & ETFs - vary for each currency

Spread (typical, fixed, variable)

Variable

Per Lot Fees

Options Contract Fees

0.65% per contract

Futures Contract Fees

0.85% per contract

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

100:1

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

£10.97

Deposit Fee

£5

Currency Conversion Fee

Exchange rate + 0.99%

0.05%

Withdrawal Fee

£5

First withdrawal (within 30 days) is free for all methods. Wire/SEPA Euro: £8 /w. Wire USD: $10 /w SEPA GBP: £7 / w

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Monday to Friday: 8:00 AM - 4:30 PM GMT Monday to Friday: 9:30 AM - 4:00 PM ET (2:30 PM - 9:00 PM GMT) European Market Hours- Monday to Friday: 9:00 AM - 5:30 PM CET (8:00 AM - 4:30 PM GMT)

Monday to Thursday 8:30am to 8pm Friday 8:30 am to 5:30 pm Saturday and Sunday closed

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

Monday to Thursday: 8:30am to 8:00pm. Friday: 8:30am to 5:30pm.

Customer Support Methods (phone, email, live chat)

Help hub, community forum, E-mail, Social media

Leave a message, Live chatCyprus - +357-25030447, mailto:[email protected]

Support Languages

10+

Additional Information

Headquarters Location

Level 2, The Truman Brewery, 91 Brick Lane, London, England, E1 6QL

Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

While Freetrade maintains low trading fees with no minimum deposit, MEXEM includes some charges for premium features and certain asset trades, making Freetrade the better option for budget-focused traders.

Freetrade uses a digital-first onboarding approach with clear instructions and fast ID verification. MEXEM goes a step further with manual checks and optional account tiers, ideal for serious professionals.

Traders who value simplicity and execution speed may prefer Freetrade platform. Meanwhile, MEXEM offers more flexibility through tools like advanced order types and multi-screen support.

Freetrade stands out for active traders with robust tools, while MEXEM suits investors seeking simplicity and ease of use.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare Freetrade and FP Markets

Compare Freetrade and TMGM

Compare Freetrade and axi

Compare MEXEM and axi

Compare MEXEM and Spreadex

Compare MEXEM and E*TRADE

Our Latest Contents

Stay updated with our newest insights and guides!

Top Broker Reviews

Discover brokers trusted by global traders.

Select Your Brokers to Compare